Video: RBI shoots down Kotak Bank plan to lower promoter stake to 20%

RBI has rejected Kotak Bank promoter Uday Kotak's proposal to mandatorily lower the promoter stake to 20 per cent; India's trade deficit is now at a 5-year high of over $18 billion; and gross NPAs in the banking sector have shot up to Rs 10.3 lakh crore. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.